Thoma Bravo to take QAD private for US$2 billion

By
Follow google news

Latest go-private deal by the software investor.

Thoma Bravo to take QAD private for US$2 billion
Private equity firm Thoma Bravo will buy enterprise software maker QAD for about US$2 billion (A$2.65 billion), the latest go-private deal by the software investor. QAD shareholders will get US$87.50 per share in cash, a premium of about 20 percent to the company's last close. The ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Bureau of Meteorology's VMware bill more than doubles

Bureau of Meteorology's VMware bill more than doubles

Services Australia to document 40 years of business rules in core ISIS system

Services Australia to document 40 years of business rules in core ISIS system

Gov faces Senate wrath over social media ban secrecy

Gov faces Senate wrath over social media ban secrecy

Woolworths to fill digital gap on its board

Woolworths to fill digital gap on its board

Log In

  |  Forgot your password?